Market Newsdesk

STAMFORD, Conn., July 14, 2021 /PRNewswire/ — Today, Synchrony (NYSE: SYF) announced that for the fifth consecutive year, the company’s commitment to diversity and inclusion helped advance it to the top of the 2021 Disability Equality Index (DEI). 

Synchrony is honored to be recognized as a “Best Place to Work for Disability Inclusion” based on the 100 percent score it received from the American Association of People with Disabilities (AAPD) and Disability:IN on their 2021 DEI, the most comprehensive disability inclusion assessment tool. The 2021 DEI measured key performance indicators including culture and leadership, enterprise-wide access, employment practices, community engagement, and supplier diversity.

“Synchrony is proud and honored to be recognized as a great place to work for people with disabilities,” said DJ Casto, Executive Vice President and Chief Human Resources Officer of Synchrony. “Since Synchrony’s founding, we have been intentional in creating a caring, inclusive culture that drives innovation and diversity of thought. By offering opportunities for all, our people are able to advance their careers and make a difference in our communities.” 

Through Synchrony’s People with Disabilities+ Network, one of eight Diversity Networks at the company, thousands of employees come together globally to make a difference in the lives of people with disabilities in the workplace and in the communities they serve. More than 10,000 employees are active across these employee resource groups which help attract, retain and develop diverse talent. Over the past several years, Synchrony has partnered with Disability Solutions, a division of Ability Beyond, to build a more robust pipeline of candidates with self-identified disabilities and to implement best practices for hiring, manager training and employee accommodations.

“We are so pleased to partner with 319 companies this year on the Disability Equality Index. Part of corporate commitment to disability inclusion is recognizing your stance and using it as an ‘aha moment’ to drive the business investments needed to scale change,” said Jill Houghton, President & Chief Executive Officer of Disability:IN “Inclusion and accessibility cut across the enterprise, from cultural representation in the workforce, to technology acceleration, to incorporating supply chain diversity. These are tangible opportunities that leading companies can leverage to create sustainable impact for their business and brand.”

Synchrony, consistently recognized as a Best Place to Work, has always been and remains committed to diversity and inclusion for all. The company has one of the most diverse boards in the financial services industry, which includes four minority directors and four women directors.

Last year, the company elevated diversity and inclusion to one of its eight corporate strategic imperatives, with Board-level accountability. Synchrony’s senior-level D&I task force and leaders companywide are focused on driving measurable results across all areas of the business and communities, including increasing diverse employee talent at all levels of the workforce, advancing financial opportunities, growth and wellness among diverse communities and businesses and increasing Synchrony’s commitment to address deeply rooted gender and racial inequality and disparities within the communities the company serves. Click here to read more about the actions Synchrony has taken across each of these areas.

Synchrony and the Synchrony Foundation support non-profits including Ability Beyond, Special Olympics Connecticut, and the United Rehabilitation Services of Greater Dayton through grants and employee engagement to help children and the elderly with disabilities or other special needs.

About Synchrony

Synchrony (NYSE: SYF) is a premier consumer financial services company. We deliver a wide range of specialized financing programs, as well as innovative consumer banking products, across key industries including digital, retail, home, auto, travel, health and pet. Synchrony enables our partners to grow sales and loyalty with consumers. We are one of the largest issuers of private label credit cards in the United States; we also offer co-branded products, installment loans and consumer financing products for small- and medium-sized businesses, as well as healthcare providers.

Synchrony is changing what’s possible through our digital capabilities, deep industry expertise, actionable data insights, frictionless customer experience and customized financing solutions.

For more information, visit www.synchrony.com and Twitter: @Synchrony.

About the Disability Equality Index®

The Disability Equality Index (DEI) is a comprehensive benchmarking tool that helps companies build a roadmap of measurable, tangible actions that they can take to achieve disability inclusion and equality. Each company receives a score, on a scale of zero (0) to 100, with those earning 80 and above recognized as a “Best Place to Work for Disability Inclusion.”

The DEI is a joint initiative of the American Association of People with Disabilities (AAPD), the nation’s largest disability rights organization, and Disability:IN, the global business disability inclusion network, to collectively advance the inclusion of people with disabilities. The organizations are complementary and bring unique strengths that make the project relevant and credible to corporations and the disability community. The tool was developed by the DEI Advisory Committee, a diverse group of business leaders, policy experts, and disability advocates. Learn more at: www.DisabilityEqualityIndex.org.

About the American Association of People with Disabilities (AAPD)

AAPD is a convener, connector, and catalyst for change, increasing the political and economic power for people with disabilities. As a national cross-disability rights organization AAPD advocates for full civil rights for the 50+ million Americans with disabilities. Learn more at: www.aapd.com. 

About Disability:IN®

Disability:IN is a global organization driving disability inclusion and equality in business. More than 270 corporations trust Disability:IN to activate and achieve disability inclusion across their enterprise and in the broader corporate mainstream. Through the world’s most comprehensive disability inclusion benchmarking; best-in-class conferences and programs; and expert counsel and engagement, Disability:IN works with leading businesses to create long-term business and societal impact. Join us at disabilityin.org/AreYouIN #AreYouIN.

Media Contact

Angie Hu

Synchrony
[email protected]

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SOURCE Synchrony

BATTLE CREEK, Mich., July 14, 2021 /PRNewswire/ — Nutri-Grain learned in an April 2021 survey that 43% of parents negotiate food choices with their kids at least six times per day with each negotiation lasting at least six minutesⁱⁱ, totaling nine days a year. When asked what they would do if they could reclaim that wasted time, nearly half of parents said they would spend it with their kids, enjoying what the kids like to doⁱⁱⁱ. This summer, Nutri-Grain is committed to helping families enjoy a ‘getaway from negotiation’ (literally) and take back that treasured family time to travel, explore and make lifelong memories! 

To help families get away, Kellogg’s® Nutri-Grain® today announces that from July 14-28, families across the U.S. are invited to enter the Nutri-Grain “Getaway from Negotiation” sweepstakes. Nutri-Grain will select five lucky winners to each receive the family getaway of their dreams valued at up to $10,000, plus a year’s supply of Nutri-Grain® soft-baked breakfast bars and bites to keep future negotiations at bay.   

“Food and snack negotiations are a battle all parents can relate to. In fact, parents would rather clean the toilet,  give up coffee or fold laundry than spend one more minute negotiating with their kids about food^iv,” said Sarah Reinecke, Senior Marketing Director at Kellogg Co. “While Nutri-Grain cannot solve every family food negotiation, we can help families reclaim some of that precious time with a win-win snack made with real fruit that kids love, plus whole grains that parents can feel good about. When you spend less time negotiating over food, you have more time to do the things you love with the people you love.”  

Individuals can enter for a chance to win by going to Nutri-Grain’s Instagram (@nutrigrain) and commenting on the official entry post, dated July 14, stating their dream family getaway destination in the contiguous U.S. The total value of the getaway is limited to $10,000 and must be taken in the contiguous U.S. For more information and the official rules, please visit Nutrigrain.com/GetawayfromNegotiation. No purchase necessary.

Kellogg’s® Nutri-Grain® soft-baked breakfast bars and bites offer a simple solution to this ongoing family food fight. Made with wholesome whole grains and real fruit, Nutri-Grain is the always-permissible, no-negotiation-needed snack that parents feel good about serving and kids love to eat. Available at grocery stores nationwide.

Terms & Conditions

ABBREVIATED RULES. NO PURCHASE NECESSARY. Sweepstakes is open only to legal residents of the forty-eight (48) contiguous United States and District of Columbia (excludes AK & HI) and are eighteen (18) years of age or older at time of entry. Begins 7/14/21 at 12:00:00 AM (ET) and ends 7/28/21 at 11:59:59 PM (ET). For details on how to enter and/or for complete Official Rules, go to www.Nutrigrain.com/GetawayfromNegotiation. Trip prize must be taken in contiguous U.S. only. Max. value of trip prize is $10,000. Entry is free. Subject to complete Official Rules. Void in AK, HI and where prohibited. Sponsor: Kellogg Company, One Kellogg Square, Battle Creek, MI  49016.

®,™, © 2021 Kellogg NA Co.

About Kellogg Company
At Kellogg Company (NYSE: K), our vision is a good and just world where people are not just fed but fulfilled. We are creating better days and a place at the table for everyone through our trusted food brands. Our beloved brands include Pringles®, Cheez-It®, Special K®, Kellogg’s Frosted Flakes®, Pop-Tarts®, Kellogg’s Corn Flakes®, Rice Krispies®, Eggo®, Mini-Wheats®, Kashi®, RXBAR®, MorningStar Farms® and more. Net sales in 2020 were approximately $13.8 billion, comprised principally of snacks and convenience foods like cereal, frozen foods, and noodles. As part of our Kellogg’s® Better Days purpose platform, we’re helping to end hunger and are committed to creating Better Days for 3 billion people by the end of 2030. Visit www.KelloggCompany.com or www.OpenforBreakfast.com.

<sup>i

, ii</sup> Kellogg’s and the Nutri-Grain team commissioned Atomik Research for online survey of 1,005 parents of children 2-8 in the United States. Margin of error fell within +/- 3 percentage points with a confidence interval of 95%. Fieldwork took place April 15-21, 2021. Atomik Research is an independent creative market research agency.

<sup>i


i


i</sup>
 49% of parents (N=492) responded “spend time with my kids enjoying what they like to do” in an online survey commissioned by Atomik Research, Kellogg’s and the Nutri-Grain team of 1,005 parents of children 2-8 in the United States. Margin of error fell within +/- 3 percentage points with a confidence interval of 95%. Fieldwork took place April 15-21, 2021. Atomik Research is an independent creative market research agency.

^iv
 Parents would rather fold laundry (37%), clean the toilet (28%) or give up coffee (25%). Kellogg’s and the Nutri-Grain team commissioned Atomik Research for online survey of 1,005 parents of children 2-8 in the United States. Margin of error fell within +/- 3 percentage points with a confidence interval of 95%. Fieldwork took place April 15-21, 2021. Atomik Research is an independent creative market research agency.

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SOURCE Kellogg Company

NORTH CANTON, Ohio, July 14, 2021 /PRNewswire/ — Diebold Nixdorf (NYSE:DBD) will release 2021 second quarter financial results on Thursday, July 29 before trading begins on the New York Stock Exchange. Gerrard Schmid, president and chief executive officer, and Jeffrey Rutherford, senior vice president and chief financial officer, will discuss the results during a conference call and webcast beginning at 8:30 a.m. ET.

Information about Diebold Nixdorf’s financial results, including a complete press release, earnings presentation and supplementary financial data will be accessible by visiting the Investor Relations section of Diebold Nixdorf’s website located at http://www.dieboldnixdorf.com/earnings on Thursday, July 29. Live access to the conference call, as well as the replay, will also be available on this website. The conference call will last approximately one hour. Participants should plan to dial in 10 minutes prior to the session.  Details on the call are as follows:

About Diebold Nixdorf

Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce. We automate, digitize and transform the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 22,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.

LinkedIn: www.linkedin.com/company/diebold  
Twitter: twitter.com/dieboldnixdorf 
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf

DN-F

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SOURCE Diebold Nixdorf, Incorporated

– Large deal momentum strong with $2.6 bn TCV.

– Revenue guidance for FY22 revised to 14%-16%.

– Margin guidance retained at 22%-24%

BENGALURU , India, July 14, 2021 /PRNewswire/ — Infosys (NSE: INFY) (BSE: 500209) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered a strong Q1 performance with year on year growth accelerating to 16.9% and sequential growth increasing to 4.8% in constant currency. Large deal flows remained strong with TCV of $2.6 billion in Q1. Operating margin for the quarter was robust at 23.7%, with Free Cash Flows growing by 18.5% year on year.

42.1% YoY
CC Digital growth

16.9% YoY
4.8% QoQ
CC Revenue growth

23.7%
Operating margin

22.6% YoY
Increase in EPS
(INR terms)

$2.6 bn

Large deal signings

“Driven by the dedication of our employees and the trust of our clients, we grew at the fastest pace in Q1 in a decade, at 16.9% year-on-year and 4.8% quarter-on-quarter in constant currency. I am proud of our employees, who as ‘One Infosys’ demonstrate resilience and commitment in delivering for our clients. This gives us confidence to increase our revenue growth guidance to 14%-16%”, said Salil Parekh, CEO and MD. “As Infosys completes forty remarkable years, its continuing success and global impact are a testament to the vision of the founders and all the leaders who have shaped the company,” he added.

1. 
Key highlights for the quarter ended June 30, 2021

• Revenues in CC terms grew by 16.9% YoY and 4.8% QoQ
• Reported revenues at $3,782 million, growth of 21.2% YoY
• Digital revenues at 53.9% of total revenues, YoY CC growth of 42.1%
• Operating margin at 23.7%, increase of 1.0% YoY and decline of 0.8% QoQ
• Basic EPS at $0.17, growth of 26.1% YoY
• FCF at $863 million, YoY growth of 18.5%; FCF conversion at 122.3% of net profit

“Employee wellbeing is of paramount importance to us and we have had multiple interventions in this regard including facilitating vaccination for them and their dependents. We rolled out several intense employee engagement initiatives including career acceleration opportunities, compensation reviews and learning & development interventions. Our clients continue to be supportive of the multiple initiatives we have undertaken; they value the delivery commitments we have met even during these extraordinary times”, said Pravin Rao, Chief Operating Officer, Infosys.  “As the demand for digital talent explodes, rising attrition in the industry poses a near-term challenge. We plan to meet this demand by expanding our hiring program of college graduates for FY 22 to ~35,000 globally”, he added.

“We remain confident of delivering on the margin guidance, underpinned by our comprehensive cost optimization program, despite increasing cost headwinds arising largely from compensation review, talent acquisition and retention”, said Nilanjan Roy, Chief Financial Officer. “Our free cash conversion was strong at 122.3% of net profit and ROE improved to 29.3%”, he added.

2. 
Capital Allocation

Pursuant to the Board recommendation and subsequent to shareholders’ approval in the AGM, the company has started share buyback program through open market route from June 25, 2021 and till date, has bought back 9.8 million shares worth ₹1,542 crore (app. $0.2 billion) or 16.8% of total authorization of ₹9,200 crore at an average price of approx. ₹1,569 per share (compared to maximum Buyback Price of ₹1,750 per share).

*USD-INR rate of 75.00

3. 
Client Wins & Testimonials

The trust clients’ repose in Infosys drives us to invest further in building stronger digital capabilities and to raise the bar in delivery excellence.

• Archrock selected Infosys for its rich experience and deep domain expertise in the energy industry to integrate digital technologies and mobile tools for its field service technicians. Infosys will leverage its pre-configured accelerator for Microsoft Dynamics 365 Field Service Application. Eric Thode, Archrock’s Senior Vice President, Operations, said, “Our collaboration with Infosys is part of a multi-year technology project to further enhance the value proposition to our customers, more effectively manage our assets, reduce our emissions footprint and yield attractive value for our shareholders. Two major objectives of our digital transformation are to improve our customers’ experience and make our field employees’ jobs easier. As these leading-edge mobile tools are rolled out across our operations, we expect this will increase our compression unit uptime, improve the efficiency of our field service technicians and result in reduced vehicle mileage. With the right digital and energy industry credentials, we are confident Infosys is the right partner to deliver Microsoft’s industry leading field service platform.”
• Infosys and the French Tennis Federation unveiled new technologies to help bridge the gap between remote fans and the game, transforming the Roland-Garros experience for the entire tennis ecosystem. Amélie Oudéa-Castera, Chief Executive Officer of French Tennis Federation (FFT), said, “This is our second year impacted by the challenges of the pandemic and social distancing, but partnering with Infosys we have set a gold standard for other sporting organizations navigating a disrupted season, and looking to bridge the gap between players, coaches and fans across the world. The innovations we have created are leading the way in establishing a long-term immersive and digital standard for sporting tournaments.”
• Infosys was selected by Britvic to help deliver their strategic transformation roadmap and operations, across Applications, Cloud Infrastructure, Service Management and End User Computing. Neal Johnson, IT Director Operations & Infrastructure at Britvic, said, “Britvic’s aim is to be the most dynamic, creative and admired soft drinks company in the world which means IT needs to transform the way service and operations are delivered – with Infosys we have a strategic partner to take our operations to the next level by leveraging automation and digitalisation, thereby, offering a seamless digital experience for our enterprise users. This partnership will also help us innovate faster, be more agile and to transform quickly by leveraging Infosys’s thought leadership as a market leader in IT services for Consumer Goods companies.”
• ArcelorMittal selected Infosys to help accelerate the company’s digital transformation journey and enable next-generation application management and business process management (BPM) services for ArcelorMittal Europe. Geert Van Poelvoorde, CEO of ArcelorMittal Europe, said, “We are delighted to partner with Infosys on our digital transformation journey. Infosys not only shares our vision and values but also brings agility, delivery excellence, and willingness to walk the extra mile to ensure mutual success. We are confident that this collaboration will mean our employees and associates are equipped with powerful new tools that enhance our competitiveness and fuel our innovation.”
• Posten Norge is aiming to build a best-in-class IT service management capability to create more value for its customers. Arne Erik Berntzen, CIO, Posten Norge, said, “At Posten Norge our aim is to make everyday life simpler and the world smaller by simplifying and increasing the value of trade and communication for people and enterprises in the Nordic region. Transforming our IT processes to improve the services we deliver will enable us to be at the forefront of technology and innovation and be the customer’s first choice. With Infosys as a strategic partner we are aiming to build a best-in-class IT service management capability so we can create more value for our customers, with a focus on service experience. This collaboration will help us redesign our IT processes to be ready for new age software delivery methods with next generation technologies.”
• AGCO has been working with Infosys to deliver a first-class customer experience. Infosys has been a key player in leveraging advanced technologies to enable new opportunities for AGCO’s dealers and improved services to its customers. Seth Crawford, Senior Vice President and General Manager, Precision Ag and Digital for AGCO, said, “Together with our digital partner Infosys, we have built a team that is passionate about maximizing farmers’ results with smart, high-quality solutions. We are creating impactful platforms with reliable, easy to use solutions for farmers and empowering our dealers with a great digital toolset. We look forward to our continued work with Infosys to offer our dealers and farmers integrated and seamless journeys through all our channels, extending their experience with our products and services.”
• Infosys has been one of the key drivers in delivering Axiata’s first live field trials for deploying virtual and Open RAN networks. “In consideration of Axiata’s Open RAN ambition across our markets, we partner up with the global best to bring next-level solutions in how we deploy, optimise and operate our networks. Infosys has been one of the key drivers in delivering our first live field trials in the deployment of virtual and Open RAN networks. In our pursuit to become The Next Generation Digital Champion, we look forward to building on this relationship as we position for more wins to future-proof our networks and meet society’s evolving needs, ” said Thomas Hundt, Group Executive Vice President – Technology, Axiata Group Berhad.
• Infosys Finacle announced its Digital Banking SaaS (Software-as-a-Service) offering designed as an accessible solution to help Indian Urban Cooperative Banks (UCBs) to modernize their business and operations. Vidyadhar Anaskar, Chairman, Vidya Sahakari Bank Ltd, and Maharashtra Urban Cooperative Banks Federation, and Vice President, National Federation of Urban Cooperative Banks & Credit Societies LTD (NAFCUB), said, “Urban Cooperative Banks (UCBs) have immense potential waiting to be harnessed. The UCBs’ geographic and demographic reach within the urban and rural populace is unmatched, not to mention the richness of the banking relationship with their customers. At Vidya Bank, we are looking at leveraging this opportunity, to leapfrog into the future with a modern technology platform as a key strategic asset. With Infosys Finacle, we are able to fully embrace our digital-first vision and we look forward to differentiating ourselves with a winning combination of a strong community presence and tech-powered, innovative, contextual, banking products.”

4. 
Recognitions

• Infosys recognized as one of India’s Best Employers among Nation-Builders 2021
• Infosys topped CRISIL’s ranking as the most Environmental, Social, and Governance (ESG) focused IT Company in India
• Infosys won four Stevie® Awards at the 19th Annual American Business Awards. Also won a silver Stevie® Award at the 2021 Asia Pacific Stevie Awards
• Infosys won top spot in Institutional Investor 2021 All Asia Executive Team Ranking (IT Services & Software)
• Positioned as the fourth most attractive employer in India, according to the Randstad Employer Brand Research (REBR), 2021
• Ranked number 3 by Brand Finance in their top 10 most valuable Indian brands listing
• Infosys was recognized as one of the top three service providers in the Nordics in the Whitelane Research and PA Consulting IT Sourcing Study 2021
• Ranked among the top five in 14 countries by Top Employer Global 2021
• Infosys won six awards in the Engineering Service Providers (ESP) category at the NASSCOM ER&D Showcase 2021. Also won ER&D Organization of the year award for 2021
• Infosys was recognized by HPE as the Global System Integrator of the Year 2021 and Asia Pacific System Integrator of the Year 2021
• Microsoft awarded ‘Supplier of the Year: Large’ to Infosys at 2021 Microsoft Supplier Program Prestige Awards
• BluePrism recognized Infosys with Global Client Business Impact Partner of the Year Telecommunications and Regional Client Business Impact Telecommunications – APAC Awards at the BluePrism Partner Excellence Awards 2021
• Ranked as a leader in Gartner Magic Quadrant for Oracle Cloud Application Services, Worldwide
• Positioned as a leader in Everest – Application and Digital Services in Banking PEAK Matrix® Global Assessment 2021
• Ranked as a leader in IDC MarketScape: Worldwide Microsoft Implementation Services 2021 Vendor Assessment
• Ranked as a leader in IDC MarketScape: Worldwide Artificial Intelligence Services 2021 Vendor Assessment
• Rated as a leader in IDC MarketScape: Worldwide Smart Manufacturing Service Providers 2021 Vendor Assessment
• Positioned as a leader in NelsonHall – Cognitive & Self-Healing IT Infrastructure Management Services NEAT 2021
• Ranked as a leader in HFS Research Top 10: Telecom, Media, and Technology (TMT) Service Providers Top 10 2021
• Positioned as a leader in HFS Research Top 10: ServiceNow Services 2021
• Rated as a leader in HFS Research Top 10: Supply Chain Service Providers 2021
• Ranked as a leader in NelsonHall – Intelligent Automation in Banking NEAT 2021
• Ranked as a leader in NelsonHall – Blockchain Services NEAT 2021
• EdgeVerve won two Globee awards for ‘Most Innovative Software of The Year’ for AssistEdge and ‘Effective Leadership During COVID’
• IBS Sales League Table 2021 recognized Infosys Finacle as the best-selling solution across six categories
• Infosys Positioned as Leader in ‘Salesforce Ecosystem Partners 2021’ ISG Provider Lens™ study 2020 – Leader in Germany and U.S.
• Infosys was rated a Leader in Avasant’s Applied AI and Advanced Analytics Services RadarView 2021
• Infosys Positioned as Leader in ISG Provider Lens™ Quadrant study on “Mainframe Services and Solutions 2021”- Leader in US
• EdgeVerve was named Best Artificial Intelligence Software Company of 2021 by Digital.com

About Infosys

Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

“Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2021. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.”

Infosys Limited and subsidiaries
Extracted from the Condensed Consolidated Balance Sheet under IFRS as at:                       

(Dollars in millions)

Extracted from the Condensed Consolidated statement of Comprehensive Income under IFRS for:

(Dollars in millions except per equity share data)

NOTES



:

1. 
The above information is extracted from the audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the quarter ended June 30, 2021 which have been taken on record at the Board meeting held on July 14, 2021.

2. 
A Fact Sheet providing the operating metrics of the Company can be downloaded from

www.infosys.com

.

3. 
Other Income includes Finance Cost.

IFRS-INR Press Release:
https://www.infosys.com/investors/reports-filings/quarterly-results/2021-2022/q1/documents/ifrs-inr-press-release.pdf    

Fact sheet:
https://www.infosys.com/investors/reports-filings/quarterly-results/2021-2022/q1/documents/fact-sheet.pdf

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SOURCE Infosys

NEW YORK, July 14, 2021 /PRNewswire/ — Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced that the Company will present at the 24th Annual Oppenheimer Technology, Internet & Communications Conference on Wednesday August 11, 2021. The presentation is scheduled to begin at 9:05 a.m. ET.

Both live and replay versions of the presentation will be available under the Events & Presentations section on the Compass Investor Relations website, https://investors.compass.com.

About Compass
Founded in 2012, Compass is a leading real estate technology company, providing an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.Compass.com.

View original content:https://www.prnewswire.com/news-releases/compass-to-present-at-24th-annual-oppenheimer-technology-internet–communications-conference-301333731.html

SOURCE Compass

SAN JOSE, Calif., July 14, 2021 /PRNewswire/ — SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, and Woodside Homes, one of the top 30 homebuilders in the U.S., today announced that Woodside Homes is now offering SunPower® solar and SunVault™ battery storage systems to owners and buyers in all its Northern California communities. As grid shortages and planned blackouts continue to impact Northern California residents, the companies are responding to soaring demand for more sustainable and reliable energy. SunPower is Woodside Homes’ exclusive solar and storage partner in the region.

Demand for home energy storage is soaring across the U.S.; the residential market installed 110.2 MW of storage capacity in Q1 2021 according to the latest Wood Mackenzie report. This trend is evident in the new homes market, with nearly 1 in 3 Woodside Homes customers now requesting to add energy storage to their home.

To answer this strong demand, Woodside Homes announced that it will make SunVault a standard feature in every home in its newest subdivision coming soon to Placer County, Calif. All 128 homes in Brady Vineyards will come with rooftop solar and a 13 kWh SunVault storage system installed as a standard feature. SunVault will be designed to provide power during grid outages to essential loads, including lighting, plug loads and kitchen appliances. Homeowners can see additional electricity bill savings by using their stored energy during peak times when utility rates are the highest or selling excess energy back to the grid. New homes at Brady Vineyards are expected to start selling in the spring of 2022.

“Woodside Homes has long been at the forefront of home energy innovation, incorporating solar electric generation into its building plans for cleaner and more affordable power for more than a decade,” said Matt Brost, Senior Director of New Homes sales for SunPower. “Now they are giving home buyers even more freedom and control with the ability to power their homes sustainably and keep their lights on even when the grid goes down.”

Woodside Homes has provided more than 4,000 families homes powered by SunPower over the last 14 years, a testament to their commitment to homes that cost less to operate while having a positive impact on the environment. Today, Woodside Homes carefully designs each home’s solar electric system to replace the majority of utility-supplied electricity, providing the greatest possible benefit to future homeowners.

“It’s clear that home buyers are looking for resiliency, affordability and peace of mind when it comes to powering their homes, and we are making it easier than ever for them to achieve that with the inclusion of our Conscious Comfort solutions, which provides cleaner interior air, energy savings and advanced insulation systems,” said Brian Cutting, Division President at Woodside Homes. “SunPower shares our commitment to providing the best quality and service to homeowners, and we look forward to expanding our work together as our customer needs evolve over time.”

Solar-equipped Woodside Homes are fitted with SunPower Equinox® systems, which generate more power in less space with fewer visible parts than traditional solar electric systems. SunVault batteries are made with lithium iron phosphate chemistry, which is designed to be safer and more resilient to heat and oxygen exposure than typical lithium-ion batteries.

SunPower is at the forefront of new home energy solutions and compliance, working with 17 of the top 20 builders in California. The company plans to continue to add SunVault to new home communities throughout 2021 and is seeing strong storage bookings across all its segments including new homes, exiting Q2 2021.

For more information on SunVault energy storage, visit: https://us.sunpower.com/home-solar/solar-battery-storage. 

For more information on Woodside Homes, including updates on the Brady Vineyards community by Woodside Homes visit: https://www.woodsidehomes.com/california-east-bay-sacramento or call 916-866-3375.

About Woodside Homes
Woodside Homes, one of the top 30 homebuilders in the U.S., is celebrating its 43rd year in the business of designing and building single-family homes for buyers seeking homes that are crafted to help them to live well. Woodside Homes is dedicated to being “Better by Design,” delivering an exceptional experience to every customer, serving as a trusted, knowledgeable guide throughout the home buying process.

In 2017, Woodside Homes was acquired by SEKISUI HOUSE, one of the world’s largest homebuilders. The two companies joined forces with their shared philosophies in creating sustainable communities that grow and adapt to the needs of today’s homebuyers.

About SunPower

  
Headquartered in California’s Silicon Valley, SunPower (NASDAQ:SPWR) is a leading Distributed Generation Storage and Energy Services provider in North America. SunPower offers the only solar + storage solution designed and warranted by one company that gives customers control over electricity consumption and resiliency during power outages while providing cost savings to homeowners, businesses, governments, schools and utilities. For more information, visit www.sunpower.com.   

Forward-Looking Statements 

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding expected business and project plans, product performance, and cost savings. These forward-looking statements are based on our current assumptions, expectations, and beliefs and involve substantial risks and uncertainties that may cause results to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to,: regulatory changes and the availability of economic incentives promoting use of solar energy and fluctuations or declines in the performance of our solar panels and other products and solutions. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at investors.sunpowercorp.com. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

©2021 SunPower Corporation.  All Rights Reserved.  SUNPOWER, the SUNPOWER logo, SUNPOWER EQUINOX and SUNVAULT are trademarks or registered trademarks of SunPower Corporation in the U.S.

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SOURCE SunPower Corp.

CHARLOTTE, N.C., July 14, 2021 /PRNewswire/ — Honeywell (NASDAQ: HON) announced today new leaders of its Performance Materials and Technologies (PMT) and Honeywell Building Technologies (HBT) segments, and a new Chief Operating Officer of Global High Growth Regions.

Vimal Kapur has been named President and Chief Executive Officer of PMT, based in Houston. Kapur is a 32-year veteran of Honeywell who most recently led the HBT segment and previously led the Process Solutions business within PMT.

Kapur succeeds Rajeev Gautam, who has decided to retire on Aug. 13 after a 43-year career with Honeywell. Following his retirement and through the end of January, Gautam will work closely on the transition with Kapur and will serve as President Emeritus, Honeywell PMT, with responsibility for ensuring smooth customer transitions and helping enable growth within Honeywell UOP, where he spent several decades in leadership positions.

Succeeding Kapur is Doug Wright, who has been named President and CEO of Honeywell Building Technologies, based in Atlanta. Wright joined Honeywell in mid-2020 as the leader of HBT’s Fire and Security business.

Both Kapur and Wright will serve as company officers and report to Chairman and CEO Darius Adamczyk. The changes are effective immediately.

In addition, Ben Driggs has been named Chief Operating Officer of Global High Growth Regions, a transition role that will lead him to become President of Global High Growth Regions on January 1, 2022. Driggs will succeed Shane Tedjarati, who has decided to retire at the end of 2021 after a 17-year career at Honeywell leading the company’s growth efforts in emerging regions. Tedjarati will remain in an advisory capacity to Honeywell over the next three years. Driggs will be based in Shanghai.

“Today’s announcement is a demonstration of both the outstanding quality of our leadership and our ability to develop capable and ready-now successors for executive-level roles,” said Darius Adamczyk, Chairman and Chief Executive Officer of Honeywell. “Throughout Vimal’s more than three decades with Honeywell, he has proven his outstanding leadership capabilities and deep knowledge of our end markets. Doug’s extensive experience in the controls industry has enabled him to drive better customer and market alignment in the fire and security business. Ben brings exceptional customer focus and extensive global experience to our Global High Growth Regions organization. Honeywell will continue to be well positioned for global growth under leaders such as Vimal, Doug, and Ben, not to mention the rest of our management team.”

Since 2018, Kapur has led HBT, where he guided the business through a period of significant change and instilled an intense operational and customer focus. He drove a growth mindset in HBT, focusing on new products, outcome-based offerings like Healthy Buildings, and Connected solutions.  

Today’s announcement marks Kapur’s return to PMT. Previously, Kapur led PMT’s Honeywell Process Solutions business, where he generated significant margin expansion while substantially outperforming HPS’s peer group. He led HPS through a deep oil and gas downturn in 2015, and the business emerged as an even stronger competitor with a pipeline of innovative new offerings. Kapur has held several other key leadership positions at Honeywell, including Vice President and General Manager of the Advanced Solutions line of business for HPS and Managing Director for Honeywell Automation India Limited (HAIL). Kapur graduated from Thapar Institute of Engineering in Patiala, India, as an electronics engineer with a specialization in instrumentation.

Wright joined Honeywell in July 2020 as the President of HBT’s Fire and Security business and quickly made a significant impact, driving better alignment with our customers and markets to enable breakthrough growth.

Wright previously was the President and CEO of Source Photonics, a global provider of optical communication products used in telecommunication systems and data communication networks. Prior to that, Wright spent six years at United Technologies, where he served as President of Asia for the company’s Fire and Security group, based in Shanghai, and President of the company’s $2.5 billion Automation and Controls Solutions business. Prior to United Technologies, Wright spent 15 years at Ingersoll Rand, where he served in a variety of leadership roles. Wright earned his M.B.A. in international business from the University of North Carolina and his bachelor’s degree in mechanical engineering from Virginia Tech.

Driggs most recently served as Vice President of Global Strategic Accounts, where he was responsible for all aspects of our relationships with key customers at a global level, including growth plans for new whitespace areas and aligning Honeywell better with customer strategies. Driggs has been with Honeywell for more than 16 years and brings a wealth of global experience to his new role. His prior roles include President of Connected Aerospace, President of Aerospace Americas and President of Honeywell Latin America. Driggs has a master’s degree from Oxford University and a bachelor’s degree from the University of Arizona.

Gautam has led PMT for the past five years and previously served as President of Honeywell UOP. He has held key positions spanning research and development, engineering, and marketing, and has been at the forefront of innovation within the refining, petrochemical, and gas processing industries.

Tedjarati played an essential role in establishing and aggressively growing Honeywell’s presence in China, India, and Southeast Asia; Central and Eastern Europe; the Middle East and Central Asia; Africa; and Latin America. He introduced successful long-term strategies and created an enduring framework for Honeywell’s ongoing success in a portion of the world that will account for the majority of economic growth over the coming decades.

Adamczyk concluded, “Rajeev and Shane have played significant roles in creating the company we are today and have positioned us to be even more successful in the future. I thank them both for the numerous contributions they made to Honeywell over their highly productive careers and wish them both the best in retirement.”

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

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SOURCE Honeywell